US Dollar

US Dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. For most practical purposes, it is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting purposes. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of June 27, 2018, there are approximately $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes (the remaining $50 billion is in the form of coins).

Bitcoin

Bitcoin

Bitcoin (₿) is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain. Bitcoin was invented by an unknown person or group of people using the name Satoshi Nakamoto and released as open-source software in 2009. Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. Research produced by the University of Cambridge estimates that in 2017, there were 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.Bitcoin has been criticized for its use in illegal transactions, its high electricity consumption, price volatility, thefts from exchanges, and the possibility that bitcoin is an economic bubble. Bitcoin has also been used as an investment, although several regulatory agencies have issued investor alerts about bitcoin.

6416 US Dollar to Bitcoin exchange rates chart

6416 USD to BTC exchange rates graph
6416 USD to BTC Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

6416 USD to BTC exchange rates table

Exchange USD to BTC
6416 US Dollar = 1.002 Bitcoin
12832 US Dollar = 2.004 Bitcoin
32080 US Dollar = 5.011 Bitcoin
64160 US Dollar = 10.021 Bitcoin
Exchange US Dollar to Bitcoin
6416 US Dollar to Bitcoin Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

6416 USD to BTC exchange rates news

There's something behind this market sell-off that no one is talking about: The strong dollar

Stocks investors are spooked about a lot of things, and the strong dollar biting into earnings growth is now one of them.

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The Dollar Keeps Getting Stronger. Here’s What That Means for You.

On Monday, the US dollar reached its highest level in a year and a half, as measured against a weighted basket of foreign currencies. You can now buy a Euro for just $1.12, and a British Pound for $1.29. What does that mean for Americans?

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Rupee drops 39 paise against US dollar as crude oil rebounds - Times of India

India Business News: Cutting short the 10-day selling trend, crude oil prices rose by around 1% to touch $71 per barrel mark after the world's largest oil exporter Saudi A

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Rupee recovers 22 paise to 72.67 against US dollar

Positive macro data which showed retail inflation dropping to a 13-month low in October also bolstered the market sentiment.

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Eco-friendliness and cost-effectiveness: Ripple vs. Bitcoin vs. Visa, XRP wins
Eco-friendliness and cost-effectiveness: Ripple vs. Bitcoin vs. Visa, XRP wins

Visa uses more energy than XRP despite the praises about its network. Ripple is cost-effective, not only that, it is eco-friendly and efficient.

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Stock Market Slump Could See Bitcoin Price 'Make New All-Time High'
Stock Market Slump Could See Bitcoin Price 'Make New All-Time High'

Cryptocurrency inventor, fund partner and advocate Max Keiser is predicting new all-time Bitcoin price highs as the stock market tumbled again this week. Cryptocurrency advocate Max Keiser has forecast new all-time Bitcoin price highs as the stock market sumbled again this week.

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Fortune 500 Daily & Breaking Business News

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Paradise Valley police warn residents of Bitcoin scam

PARADISE VALLEY, Ariz. (KSAZ) - Police in Paradise Valley are warning residents of a new blackmailing scam involving Bitcoin

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Bitcoin Price Decline Will Persist until Mid-2019: Crypto Analyst Willy Woo
Bitcoin Price Decline Will Persist until Mid-2019: Crypto Analyst Willy Woo

Crypto analyst Willy Woo said that he does not expect the bitcoin price to break out of its bear cylce until the second quarter of 2019.

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6416 USD to BTC currency converter